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Type 1 Decisions

mission-critical, high-impact, irreversible choices that influence the overall success an organization. C-suite executives primarily make the Type 1 decisions. A Type 1 decision is like a "one-way" door where you may exit but you cannot easily re-enter. One-way door decisions are irreversible or nearly irreversible while two-way door decisions are reversible (at a cost).

Related Terms: Type 2 Decisions

from https://www.sec.gov/Archives/edgar/data/1018724/000119312516530910/d168744dex991.htm

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